ELECTRO 2.0: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ELECTRO 2.0
Largest movements
- Financial fixed assets -€1.3m
no longer reported in 2025 (was €1.3m)
- Profit (loss) carried forward -€1.3m
down €1.3m, from €1.0m to -€280,254
- Financial charges +€1.3m
up €1.3m (+316475.4%), from €411 to €1.3m
of which Non-recurring financial charges: +€1.3m
- Other operating charges +€1,009
up €1,009 (+458.7%), from €220 to €1,229
- Gross operating margin -€966
down €966 (-205.9%), from -€469 to -€1,435
- Depreciation -€202
down €202 (-51.1%), from €396 to €193
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,311,721 | €309 | -€1.3m | -100.0% |
| Fixed assets | 21/28 | €1,300,193 | - | -€1.3m | |
| Tangible fixed assets | 22/27 | €193 | - | -€193 | |
| Furniture and vehicles | 24 | €193 | - | -€193 | |
| Financial fixed assets | 28 | €1,300,000 | - | -€1.3m | |
| Current assets | 29/58 | €11,527 | €309 | -€11,218 | -97.3% |
| Amounts receivable within one year | 40/41 | €7,532 | €109 | -€7,423 | -98.6% |
| Trade receivables | 40 | €7,532 | - | -€7,532 | |
| Other amounts receivable | 41 | - | €109 | +€109 | |
| Cash at bank and in hand | 54/58 | €3,995 | €200 | -€3,795 | -95.0% |
| Total equity and liabilities | 10/49 | €1,311,721 | €309 | -€1.3m | -100.0% |
| Equity | 10/15 | €1,037,874 | -€265,254 | -€1.3m | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,022,874 | -€280,254 | -€1.3m | |
| Amounts payable | 17/49 | €273,847 | €265,563 | -€8,284 | -3.0% |
| Amounts payable within one year | 42/48 | €273,847 | €265,563 | -€8,284 | -3.0% |
| Trade debts | 44 | €1,225 | €151 | -€1,074 | -87.7% |
| Suppliers | 440/4 | €1,225 | €151 | -€1,074 | -87.7% |
| Taxes, remuneration and social security | 45 | €7,210 | - | -€7,210 | |
| Taxes | 450/3 | €4,710 | - | -€4,710 | |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €265,412 | €265,412 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €193 | -€202 | -51.1% |
| Other operating charges | 640/8 | €220 | €1,229 | +€1,009 | +458.7% |
| Gross operating margin | 9900 | -€469 | -€1,435 | -€966 | -205.9% |
| Operating profit (loss) | 9901 | -€1,085 | -€2,857 | -€1,772 | -163.4% |
| Financial charges | 65/66B | €411 | €1,300,270 | +€1.3m | +316475.4% |
| Recurring financial charges | 65 | €411 | €270 | -€141 | -34.2% |
| Non-recurring financial charges | 66B | - | €1,300,000 | +€1.3m | |
| Profit (loss) for the period before taxes | 9903 | -€1,495 | -€1,303,127 | -€1.3m | -87037.2% |
| Profit (loss) for the period | 9904 | -€1,495 | -€1,303,127 | -€1.3m | -87037.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,495 | -€1,303,127 | -€1.3m | -87037.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.